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Apr 24, 2013
04/13
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apple reported its second quarter earnings after yesterday's close. the earnings $10 on 43.6 billion in revenue that reportedly met analysts' expectations but the company posted a sales forecast for the next quart ter that was below -- quarter that was below expectations. right now, apple is trading at $407. that's up a quarter of a point. that's down from the record high last september of $705 a share. >>> the metropolitan transportation commission is scheduled to vote today on reducing the amount of travel information kept on your clippard card. the proposal calls for the mtc to hold onto the records of clippard card passengers for four and a half years instead of seven. privacy advocates expressed concern about the data after learning it could be subpoenaed in criminal and civil cases. the subpoena says no information is not turned over without an order. >>> there's an icon for b.a.r.t. app that will tell you whether heavy, moderate or light crowding is expected. they are using historical data to tell you how busy trains are at certain times. >>> t
apple reported its second quarter earnings after yesterday's close. the earnings $10 on 43.6 billion in revenue that reportedly met analysts' expectations but the company posted a sales forecast for the next quart ter that was below -- quarter that was below expectations. right now, apple is trading at $407. that's up a quarter of a point. that's down from the record high last september of $705 a share. >>> the metropolitan transportation commission is scheduled to vote today on...
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Apr 23, 2013
04/13
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KRON
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apple, their expectations will be about $10 a share. >> let's just say it will be $7. what apple has to do is that they will have to say that they have this make up container. they have something that people will want to purchase. a long story short is that they wanted to be the first tight end user and charging full price and then h t cn samsung brought out a feature. apple just needs a product and people will respond. >> are you happy with what is coming out? >> yes. the second quarter will be the worst so the way i would judges is that it is so far so good. we have not fallen apart. companies like netflix are doing very well. we're not expecting anything from your. china is slowing down. this may be issued a fall down the road. the housing numbers are up. the demand for houses are high. this is helping people in our economy move forward. >> would check back with a rob at 9 sifting for the winners and losers. >> here's a quick check at weather. >> we are starting out with a live look from our roof cam. it is a clear start for most of us and we have however scene coas
apple, their expectations will be about $10 a share. >> let's just say it will be $7. what apple has to do is that they will have to say that they have this make up container. they have something that people will want to purchase. a long story short is that they wanted to be the first tight end user and charging full price and then h t cn samsung brought out a feature. apple just needs a product and people will respond. >> are you happy with what is coming out? >> yes. the...
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Apr 22, 2013
04/13
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KNTV
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apple shares on a slide for a week now. investors would like a little goose, something that says, yeah, we're still the innovative company everyone loves so much. apple reports its profits tuesday. they no doubt will report they made suitcases full of cash. a small hint of something ahead. some sort of idea as to what apple might have in the pipeline could help that stock more than anything else. back to you. >> all right, scott. thank you very much. meteorologist krchristina loren has the day off. i hope she's enjoying sunshine. >> take you to san jose. the sky didn't change at all. live camera to live camera. areas south of san jose will probably climb into the low- to mid-90s by 3:00 and 4:00 this afternoon. already now near 80 degrees, fairfield, concord, livermore, pleasanton, san francisco 67, 72 in oakland. notice the immediate coastline, areas south of santa cruz later on this afternoon, watching for low clouds to creep up the coast which will eventually hint at cooler changes come tomorrow. comparing right now to 2
apple shares on a slide for a week now. investors would like a little goose, something that says, yeah, we're still the innovative company everyone loves so much. apple reports its profits tuesday. they no doubt will report they made suitcases full of cash. a small hint of something ahead. some sort of idea as to what apple might have in the pipeline could help that stock more than anything else. back to you. >> all right, scott. thank you very much. meteorologist krchristina loren has...
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Apr 23, 2013
04/13
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KGO
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apple now is dealing with defective iphones. two chinese newspapers report that apple returned 8 mill -- eight million iphones to china. it is not cheer clear which models are affected but apple is not experiencing iphone short averages and they could cost the company $250 million. executives have admitted that the iphone is the most difficult device they have assembled. >> netflix starts positive with shares for the company surging yesterday following the announcement they signed up two million new subscribers the first quarter closing up 11 points to $174.237 a share because of additional they say of new original programming including "house of cards" and "arrested development." the c.e.o. says that the company could one day have up to 20 original series streaming for customers. >> now don't want to spend time inside were whatting a movie because it is so gorgeous. >> more comfortable today. >> cooler than year. a little. but still warmer-than-average temperatures. remember the breezes from yesterday? they are still gusting in
apple now is dealing with defective iphones. two chinese newspapers report that apple returned 8 mill -- eight million iphones to china. it is not cheer clear which models are affected but apple is not experiencing iphone short averages and they could cost the company $250 million. executives have admitted that the iphone is the most difficult device they have assembled. >> netflix starts positive with shares for the company surging yesterday following the announcement they signed up two...
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Apr 16, 2013
04/13
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KRON
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as a nation mourns the fresh tragedy, the state of virginia is pausing dollars to victims from apple 16th, 2007. that is late 22 year- old college student on a shooting spree at the campus in blacksburg 32 bit support given the gunman took a long life. it is considered the deadly shooting rampage in modern u.s history. >> we will continue team coverage of the attack at the boston marathon were three people were killed and more than 150 people are injured. we're live in boston we will have all the angles that affect you in the bay area as well. even down to the commute this morning. we will be right back. >> we continue to monitor the latest informations on our top story devastation boston. two bombs going off 100 yds in 10 seconds apart near the finish line of the boston marathon. >> the very latest numbers we have an kron 4 news 3 killed including an 8 year- old boy was watching his father run the race. his mother and sister seriously injured. 150 people injured. >> at the youngest three years old. >> there's been no claim of responsibility for the bombing. overnight we have video o
as a nation mourns the fresh tragedy, the state of virginia is pausing dollars to victims from apple 16th, 2007. that is late 22 year- old college student on a shooting spree at the campus in blacksburg 32 bit support given the gunman took a long life. it is considered the deadly shooting rampage in modern u.s history. >> we will continue team coverage of the attack at the boston marathon were three people were killed and more than 150 people are injured. we're live in boston we will have...
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Apr 23, 2013
04/13
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but apple accounted for 74% of the total revenue between the two app stores. at the same time, google play appears to be gaining ground fast from a year ago, when apple had 90% of the revenue. >>> has anyone ever told you to get to the punch line? that's what twitter plans to do next monday when it teams up with comedy central. comedians will tweet quicky jokes. rob riener and mel brooks are scheduled to kick off the festival next monday with an event in los angeles. >>> you have to be 21 to buy drinks or go gambling. new york city council and mayoral candidate quinn wants to raise the minimum age for tobacco purchases from 18 to 21. texas recently tried the same thing but the proposed law failed. several states have an age limit of 18 to buy tobacco. >>> today president obama invited 100 students to take part in this year's white house science far, and that included jessica borral. she designed a device that fights eye muscle fatigue from staring too long at computers. >> i'm getting a patent on it. i'd love to manufacture them and give them out to all school
but apple accounted for 74% of the total revenue between the two app stores. at the same time, google play appears to be gaining ground fast from a year ago, when apple had 90% of the revenue. >>> has anyone ever told you to get to the punch line? that's what twitter plans to do next monday when it teams up with comedy central. comedians will tweet quicky jokes. rob riener and mel brooks are scheduled to kick off the festival next monday with an event in los angeles. >>> you...
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Apr 24, 2013
04/13
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scott mcgrew, you say apple now middle age? >> apple middle age. just like jon and i are, right? certainly not a young start-up. apple reported its profits tuesday. if you were to make one takeaway idea from this whole affair, it would be that apple has really reached middle age. the company is doing thing that is only mature companies do, like issuing dividends. in fact, on the phone call with reporters, tim cook said he wants apple to become the biggest dividend-paying company in america. young companies resist sharing their profits with investors because they've got better things to do with the money, like grow. apple said it saw its first decline in profit in ten years and iphone's sales growth were slowing. then this, ipad sales, that's good news. that's still going gangbusters. the house energy and commerce committee will hold hearings into fisker a short time from now. pictures of fisker unveiling at santana row some years ago. the last time the committee investigated a department of energy loan, it was to solyndra. house republicans are eager to embarrass the obama admini
scott mcgrew, you say apple now middle age? >> apple middle age. just like jon and i are, right? certainly not a young start-up. apple reported its profits tuesday. if you were to make one takeaway idea from this whole affair, it would be that apple has really reached middle age. the company is doing thing that is only mature companies do, like issuing dividends. in fact, on the phone call with reporters, tim cook said he wants apple to become the biggest dividend-paying company in...
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Apr 22, 2013
04/13
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apple reports its profit on tuesday. they no doubt will report that they made suitcases full of cash. some small hint ahead could help the stock more than anything else. that appears to indicate apple has sent millions of iphone 5s back to the manufacturer. it appears, because i can't read chinese. that's what translations of the newspaper website says. the problems with the phones, mostly cosmetic. google chairman, eric schmitt, has written a book called the new digital age. it will reportedly include a count of his trip to north korea. orbital sciences launched a rocket over the weekend. they have a bit of an advantage. they have been making missiles for years. the rocket didn't go to the station. it was just a test. >>> jon and laura, over the weekend, i got a chance to host the tech challenge award where kids create an invention to solve a problem. very involved. this year, more than 3500 kids participated. i handed out awards for elementary school. scott budman did the same for junior high. at the elementary level,
apple reports its profit on tuesday. they no doubt will report that they made suitcases full of cash. some small hint ahead could help the stock more than anything else. that appears to indicate apple has sent millions of iphone 5s back to the manufacturer. it appears, because i can't read chinese. that's what translations of the newspaper website says. the problems with the phones, mostly cosmetic. google chairman, eric schmitt, has written a book called the new digital age. it will reportedly...
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Apr 19, 2013
04/13
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a verizon spokesperson said people may be waiting to see if apple will release a new version. new products are released in late summer or early fall. >>> on wall street today, the 3 3rd down day for stocks this week. the dow is down 81 to 14,537. the nasdaq is down 38 at 3,166. the s&p is down 10 to 1,541. >>> the earth moves and it is caught on tape. look at these pictures and watch that white car. there it goes and that sink hole isn't done, what happened to a person who got caught in it. and a spot famous for books, now on tv, how you can have your say on what you get to watch. [ man ] it's big. supports in times of need. same with aladdin. the biggest in bail. no one has lower prices, is faster or more professional. aladdin bail bonds. bigger because we're better. Ñáçwçñ aladdin bail bonds. >>> a sink hole swallowed three cars in a chicago neighborhood. it fell all the way to the bottom of the hole. one person had to be pulled out and was taken to the hospital with a minor head jeer. the owner -- injury. the owner of the car was just about to get into it when the grou
a verizon spokesperson said people may be waiting to see if apple will release a new version. new products are released in late summer or early fall. >>> on wall street today, the 3 3rd down day for stocks this week. the dow is down 81 to 14,537. the nasdaq is down 38 at 3,166. the s&p is down 10 to 1,541. >>> the earth moves and it is caught on tape. look at these pictures and watch that white car. there it goes and that sink hole isn't done, what happened to a person who...
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Apr 23, 2013
04/13
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it is pretty cool. >>> let's talk about apple, the big business story is going to be apple. the company reports profits. investors are in a bad mood. no matter what the quarterly numbers are, watch apple to be pessimistic about business going forward. that would be a strategic move by apple to push expectations down ward. on the market, dow industrial up 100 points. nasdaq up 23. netflix roaring ahead. millions of new subscribers. netflix bigger than hbo. up 23% this morning. it is up $41 to $215. however, that number right there, all-time high on netflix. they are not there yet. >> i remember that. bigger than hbo. kind of cool today. temperatures, i don't think so. specially if you are inland. let's check right now with meteorologist, rob mayeda in for christina. >>> you will see the numbers climbing into the 80s and upper 80s in a few spots. the areas in the orange, santa clara valley. the sea breeze will pick up as we hit toward the evening. big drop in temperatures, 60s and 70s in the bay area. >>> your commute still kicking in for this traffic tuesday. extra slowing so
it is pretty cool. >>> let's talk about apple, the big business story is going to be apple. the company reports profits. investors are in a bad mood. no matter what the quarterly numbers are, watch apple to be pessimistic about business going forward. that would be a strategic move by apple to push expectations down ward. on the market, dow industrial up 100 points. nasdaq up 23. netflix roaring ahead. millions of new subscribers. netflix bigger than hbo. up 23% this morning. it is up...
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Apr 18, 2013
04/13
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. >>> apple stock slipped to its lowest level in more than a year. some investors looking for a way out. >>> new at 6, if cell service went down, could you contact your family? the things that need to be in your disaster plan. >>> also, a taser incident at this school shocked parents. why it's the second time police have been called here this week. >>> and a bay area rapper killed. >> sceunt believe that someone would do that. >>> the emotional reaction to the accused killer's first appearance in court, tonight on ktvu channel 2 news at 6. >>> apple stock hit its lowest level in 18 months, after its chip provider indicated it might be slow in providing the chips. at the end of the trading day, the stock pounced back slightly to close at $402.80 a share, still a drop of more than $23 a share and a loss of about 5.5%. >>> also on wall street today, a weak earnings report sent stocks lower. the nasdaq dropped 59. the s&p 500 was down 22. >>> shoppers may soon have one fewer place to buy groceries. fresh and easy is closing all its stores in the united s
. >>> apple stock slipped to its lowest level in more than a year. some investors looking for a way out. >>> new at 6, if cell service went down, could you contact your family? the things that need to be in your disaster plan. >>> also, a taser incident at this school shocked parents. why it's the second time police have been called here this week. >>> and a bay area rapper killed. >> sceunt believe that someone would do that. >>> the emotional...
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Apr 24, 2013
04/13
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apple said it would accelerate its stock buy back as well. fewer shares outstanding mean each share is worth more, a way of upping the share price. that worked just fine. >>> broader markets this morning and turn to jackie deangelis live at cnbc headquarters. good morning, jackie. >> good morning, scott. futures higher after stocks rose for a third day yesterday. the dow posting a gain on 15 straight tuesdays. that is the first time that that has happened since 1927. now, this all came despite a few minutes of panic midday when a fake tweet from the associated press caused markets to plunge briefly before recovering. the dow dropped 147 points in just three minutes while the move briefly wiped out about $146 billion in value from the s&p 500 index. many traders were able to cancel orders and wait for more information. several firms that use computer al algorithms to track profits may have lost. yesterday the dow closed up 152 points, 14,719. the nasdaq up 35 to 3,269. back to you. >>> nintendo has had trouble selling as many of those eu devic
apple said it would accelerate its stock buy back as well. fewer shares outstanding mean each share is worth more, a way of upping the share price. that worked just fine. >>> broader markets this morning and turn to jackie deangelis live at cnbc headquarters. good morning, jackie. >> good morning, scott. futures higher after stocks rose for a third day yesterday. the dow posting a gain on 15 straight tuesdays. that is the first time that that has happened since 1927. now, this...
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Apr 18, 2013
04/13
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KGO
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apple is losing their shine. the supplier of audio chips is hinting sales of the iphone are not so hot. therefore, sales of apple dropped to $400 a share the lowest level since december of 2011. down 34 percent from the record high set last september. more food companies and restaurant chains start displaying nutritional information and calories, hershey is looking to put that information front and center. in a few months you will notice packages of hershey products with the nutritional information on the front of the package. >> check this out, a rare gem got a pretty penny at auction. >> i can watch this video all day, a pink diamond selling for $32.3 million 9 second highest for a jew yell sold at auction the 34.65 diamond was discovered 300 years ago in india. it belonged to an indian prince. the seller and buyer want to remain acommon miscellaneous. if you made it into a ring it would be heavy. i would have to lift weights. >> ring or earrings? >> earrings, of course, but you have to get me another for the o
apple is losing their shine. the supplier of audio chips is hinting sales of the iphone are not so hot. therefore, sales of apple dropped to $400 a share the lowest level since december of 2011. down 34 percent from the record high set last september. more food companies and restaurant chains start displaying nutritional information and calories, hershey is looking to put that information front and center. in a few months you will notice packages of hershey products with the nutritional...
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Apr 16, 2013
04/13
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KRON
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. >> top stories were following for you on this tuesday apple succinct. three people are dead including an 8 year-old and 176 are hurt this morning after two bombs exploded near the finish line of the boston marathon. president obamas said those responsible will feel the full weight of justice. the fbi is taking charge of the crow investigation. right now they say there is no motive and there's no one in custody. >> meanwhile back in the bay area, security and law enforcement officials are stepping up patrols on the airport to public transportation, if you're out and about stand there expect to see at least as is everywhere. >> witnesses describe some of the injured lost limbs in the boston marathon explosions. one man was covered with the evidence of yesterday's attacks. >> my pants, a close. >> showing the flag?. the flag i was holding the whole time and this is how the flag ended up covering the blood of all the victims terry >> there were thousands.. >> if there were thousands of people running the marathon or watching it when the bombs went off. >> t
. >> top stories were following for you on this tuesday apple succinct. three people are dead including an 8 year-old and 176 are hurt this morning after two bombs exploded near the finish line of the boston marathon. president obamas said those responsible will feel the full weight of justice. the fbi is taking charge of the crow investigation. right now they say there is no motive and there's no one in custody. >> meanwhile back in the bay area, security and law enforcement...
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Apr 23, 2013
04/13
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KNTV
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the big business story is apple. apple reports profits after the closing bell. this is a company that makes a staggering amount of money. they made $54 billion in revenue last quarter, more than $150 billion in cash. when you compare the company's stock prices, $398 to its earnings, the stock is mathematically very cheap, as cheap or cheaper mathematically than some real dogs, h.p., dell, apple. we will see where it will go from here. >> the one to watch. very interesting. the numbers are mind blowing. i would say. >> 5:55 right now. still ahead. san jose police department under the microscope. the key question. why did the chief block a plan to stop racial profiling? >> the prominent bay area attorney who admits to smuggling a hit list out of jail. we'll tell you about the punishment she is facing coming up. >>> taking a live look outside. san francisco, beautiful. you can see the marina there. pretty warm temperatures as well. how warm? how high? we'll check the forecast for you. a lot more news ahead. 5:56. star command, i'm detecting high levels of happiness
the big business story is apple. apple reports profits after the closing bell. this is a company that makes a staggering amount of money. they made $54 billion in revenue last quarter, more than $150 billion in cash. when you compare the company's stock prices, $398 to its earnings, the stock is mathematically very cheap, as cheap or cheaper mathematically than some real dogs, h.p., dell, apple. we will see where it will go from here. >> the one to watch. very interesting. the numbers are...
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Apr 16, 2013
04/13
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KRCB
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>> well, we all love apple products. the customer that you interviewed, sounds like my house at home. we have macs and ipads and the products are very intuitive. they have a great software eco system, we have come to expect innovation from apple and i think we will continue to see it in the future. you know, just because they have gone through a bit of a lull here let's not throw the baby out with the bath water. it's easy to forget thatpple has generated tremendous profits and has over $130 billion on their balance sheets right now. >> it seems that their innovation has been more incremental. what do you think is their next big thing? >> hard to say. i think they will continue to innovate around the iphone and ipad products. i think we will see thinner ipads can and larger screen iphones and new things like fingerprint sensor. we have heard of them working on apple tvs and watches. i think people would use the watches while they are jogging or being at the gym. and there's a lot of people that would buy the apple tv to
>> well, we all love apple products. the customer that you interviewed, sounds like my house at home. we have macs and ipads and the products are very intuitive. they have a great software eco system, we have come to expect innovation from apple and i think we will continue to see it in the future. you know, just because they have gone through a bit of a lull here let's not throw the baby out with the bath water. it's easy to forget thatpple has generated tremendous profits and has over...
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Apr 16, 2013
04/13
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FBC
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if you like apple, live in apple's world, apple centric it has great interface. it is about 100. good for the people with a decent number of services. gerri: itune, hulu, netflix, what about roku 3. people are talking about this. >> we always like roku, probably the most content you can get. all kinds of things, amazon, netflix, hulu. it has faster process every. and interface a lot easier to use. it comes with a remote control with cool feature. it has head phone jack built into it and has headphones if someone next to you is reading a book. gerri: i like that. there is roku stick. tell us about that. >> this is more of a niche product. it looks like a flash drive that plugs into the back of certain kind of hdmi input called mhl. so you need an mhl enabled tv. gerri: i feel v. smart. >> it gives you a lot of what row cue does but very small form factor. gerri: that is real cool. boxy cloud dvr? never heard of it. >> they renamed the device. two cool things about this. it allows you to get free over the air content. and some cable content. it comes with a antenna for cord cutters
if you like apple, live in apple's world, apple centric it has great interface. it is about 100. good for the people with a decent number of services. gerri: itune, hulu, netflix, what about roku 3. people are talking about this. >> we always like roku, probably the most content you can get. all kinds of things, amazon, netflix, hulu. it has faster process every. and interface a lot easier to use. it comes with a remote control with cool feature. it has head phone jack built into it and...
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Apr 22, 2013
04/13
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CNBC
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and another bite out of apple. key questions about the future of this company that many thought was invincible. and another, a sudden big move for the stock of google before self-correcting. that was the company involved here. what happened and how you can get hurt. first to sue. >> hi. welcome back. we missed you. great to have you back here. we start power lunch with a manpower problem at the nation's airports. politicians are not rising above and neither are many of the air travelers out there. we begin with hampton pierceon. >> here at reagan national, the number of flights being delayed has been increasing throughout the day. a snapshot looking at the schedule board shows 30 minutes to one hour delays. delays due to furloughs of controller controllers business and leez travelers we talk to today think the government ought to have come up with a better solution. r. >> i think they should have more air traffic controllers because it helps with our safety. >> i have tsa approved. i travel constantly. >> the major
and another bite out of apple. key questions about the future of this company that many thought was invincible. and another, a sudden big move for the stock of google before self-correcting. that was the company involved here. what happened and how you can get hurt. first to sue. >> hi. welcome back. we missed you. great to have you back here. we start power lunch with a manpower problem at the nation's airports. politicians are not rising above and neither are many of the air travelers...
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Apr 24, 2013
04/13
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KRON
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what we want from apple we want this. we want a big tv. a big tv is a lot tougher than a small screen. apple is having problems with a bigger screen. they are not coming out with a joke. you're getting 3 percent for on apple. do i expect to make money this year. no. i expect to make money when the big screen comes out. if they do good when they are a disruptive force in the industry. they have not done that in a while. >> you can get the computer they may for two adults and less.$200 or less. office and other products that help microsoft it became a commodity. the old michaels of other than for the income it still creates. apple has five years left in the phone and it is all about the tv then. >> i want to say nothing and to the developers' conference and a catalyst for growth until a television is. beating the other story report it was u.s. postal service is now suing lance armstrong for breach of contract for unjustly being enriched by their sponsorship. they sponsored a team for a number of years. 40 million for the team 47 for lance. h
what we want from apple we want this. we want a big tv. a big tv is a lot tougher than a small screen. apple is having problems with a bigger screen. they are not coming out with a joke. you're getting 3 percent for on apple. do i expect to make money this year. no. i expect to make money when the big screen comes out. if they do good when they are a disruptive force in the industry. they have not done that in a while. >> you can get the computer they may for two adults and less.$200 or...
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Apr 22, 2013
04/13
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CNBC
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. >> first our question of the day is has apple lost its cool factor? a lot of people have tweeted in. you can tweet us your answer as well. >> >> it has been one week since the boston bombings. one of the victims is laid to rest. >> this video shows that he remained in the same spot for approximately 4 minutes. at some point he appears to look at his phone and maybe manipulating the phone. approximately 30 seconds before the first explosion he lifts his phone to his ear. seen reacting to the first explosion. virtually every head turns towards the east towards the finish line and stares in apparent bewilderment and alarm. if they are not specifically charged with murder but charged with conspireing to use weapons of mass destruction to cause death. that would open the door for state charges but these federal charges do potentially carry the death penalty. all of this comes on a day that boston was starting to get back to business. we have seen people walking back to the streets. even there, they are starting to clean up. still, according to the boston a
. >> first our question of the day is has apple lost its cool factor? a lot of people have tweeted in. you can tweet us your answer as well. >> >> it has been one week since the boston bombings. one of the victims is laid to rest. >> this video shows that he remained in the same spot for approximately 4 minutes. at some point he appears to look at his phone and maybe manipulating the phone. approximately 30 seconds before the first explosion he lifts his phone to his...
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Apr 23, 2013
04/13
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FBC
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i feel like we're being too nice to apple in this segment. >> well, the advantage apple has because they've locked down the platform and they heavy liqueur rate the tore, it's much harder for a virus to get in. doesn't mean it's not impossible. you can still jailbreak the phone, and there's always the chance that something's going to bypass apple's cure ration, it's just far less likely than it is with an android phone. the safe phone is probably the blackberry because they use a programming method that compartmentalizes the components so it should be easier to secure can. but the next generation of phones that use things like deep defender may, in fact, provide at least a better solution than we have on the market right now. melissa: no, you're right, and that's why you still see a lot of government offices continue to use blackberr because it is more secure in that way you were just describing. boy, i thought you guys were going to tell me there's nothing to worry about. instead, it was quite the opposite. thanks for coming on. [laughter] i appreciate your help. >> thanks, melissa. meliss
i feel like we're being too nice to apple in this segment. >> well, the advantage apple has because they've locked down the platform and they heavy liqueur rate the tore, it's much harder for a virus to get in. doesn't mean it's not impossible. you can still jailbreak the phone, and there's always the chance that something's going to bypass apple's cure ration, it's just far less likely than it is with an android phone. the safe phone is probably the blackberry because they use a...
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Apr 23, 2013
04/13
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FBC
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is apple? >> you have to look a little bit going forward, and apple had strong demand in china, and the number of stores opening there is actually pretty fast. they are going fast there, so that's one thing so keep an eye on international growth, but also look at the fundmental disruption apple's doing now. interesting piece of data, the increase of ipad unit sale, year on year, jives up really nicely -- increased by 8 million yiewns, that's about how much the pc market declined if you add up -- gerri: wow. >> add up hp, dell, and others. gerri: very interesting, and, yet, those profits this quarter down for the first time in ten years, and personal look at that and think it's over. new management, concerns that steve jobs is not there. what do you think? >> it's a maturing company. you see increases in dividends and buybacks. there's been a buyback authorized for ten years, done nothing with it. today, they promised to spent $60 billion just on share buybacks alone. a hundred billion at averag
is apple? >> you have to look a little bit going forward, and apple had strong demand in china, and the number of stores opening there is actually pretty fast. they are going fast there, so that's one thing so keep an eye on international growth, but also look at the fundmental disruption apple's doing now. interesting piece of data, the increase of ipad unit sale, year on year, jives up really nicely -- increased by 8 million yiewns, that's about how much the pc market declined if you...
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Apr 19, 2013
04/13
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KICU
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in today's cover story, can samsung's latest smartphone steal apple's thunder? plus, the shocking profits behind blogging from home. the true story of a dot-com mom. and, hot times in traders unplugged. the guys break down how to make money off tv and beer. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, april 19th. i'm angela miles. in today's first look: earnings hits and misses move the market. stocks sold off on the busiest day so far of corporate profit news. the dow fell 81 points. ebay was a drag on the nasdaq, which dropped 38; the s&p declined 10. gold and oil rallied. thursday was a big night for tech earnings. ibm was a shocker - big blue had a miss. the company noted weakness in tech spending. google topped estimates - its core advertising showed growth. microsoft also did better than expected; however, window 8 sales may be moderate. also, the cfo is leaving the company. here's a good one: vertex pharma shares raced up more than 50% after the bell. the comp
in today's cover story, can samsung's latest smartphone steal apple's thunder? plus, the shocking profits behind blogging from home. the true story of a dot-com mom. and, hot times in traders unplugged. the guys break down how to make money off tv and beer. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, april 19th. i'm angela miles. in today's first look: earnings hits and misses move the market....
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Apr 24, 2013
04/13
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FBC
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this used to be apple. i am to be a -- chilling new multi page spreads, like this full disclosure i am an apple shareholder i and in deep whenever. we have the editor in chief of the tech site being out cool? immigrate timing right to? >> samsung is pouring money into marketing. creating brand new products and marketing. so they have more than one product. neil: i know that you teach don't buy everything you see in the ad but some say that is jus apple. >> the samsung galaxy s4 is a high-performance excellent phone we are excited out and we will test it out to see how good it really is but they are building upon success because coming off of the galaxy as three also the note serious -- series but talk about cool and a sexy samsung has managed to create products that people desire said galaxy tablet bigger than the iphone five that is quite a bit bigger people really like that. it is on a different platform but it doesn't matter they also marketed the heck out of this. neil: you heard the stuff about apple l
this used to be apple. i am to be a -- chilling new multi page spreads, like this full disclosure i am an apple shareholder i and in deep whenever. we have the editor in chief of the tech site being out cool? immigrate timing right to? >> samsung is pouring money into marketing. creating brand new products and marketing. so they have more than one product. neil: i know that you teach don't buy everything you see in the ad but some say that is jus apple. >> the samsung galaxy s4 is a...
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Apr 17, 2013
04/13
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KGO
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you may soon be able to buy a low cost cell phone from apple. they could sell up to 75 million low cost phones next year. they have not confirmed it maps to do so. >> a bill banning voice activated texting has passed the transportation committee undoing legislation passed last year allowing hand's free texting but an asex bringman says the new information is that the texting is just as distracting to drivers as regular texting. >> beef prices are at an all-time high. >> here is jane king with the bloomberg business report. >> beef prices are going up, and the composite retail price on beef cuts including choice beef and hamburger climbed to an all-time high of $4.92 a pound in march up 5 percent from a year ago. commodities experts say watch for demand to grow as the summer barbecue season heats up. set back if yahoo turn around efforts and the c.e.o., with a drop in key advertising business as rivals google and facebook gain ground. we had a higher close for stocks after a stronger than expected report on new home construction. forget rock clim
you may soon be able to buy a low cost cell phone from apple. they could sell up to 75 million low cost phones next year. they have not confirmed it maps to do so. >> a bill banning voice activated texting has passed the transportation committee undoing legislation passed last year allowing hand's free texting but an asex bringman says the new information is that the texting is just as distracting to drivers as regular texting. >> beef prices are at an all-time high. >> here...
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Apr 17, 2013
04/13
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CNBC
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talking about their outlook on apple, the platform. people's confidence. >> i see no wayning in the enthusiasm to develop for the platform. more than half of the start-ups that are products that are launching here are on the apple platform. >> one in particular said look, it's still the platform to go for. just because the stock is back to you. >> you also have to bear in mind that you have a lot of concern. the dollar is higher and tech stocks generally make 40% of their profits in europe. >> saying its margins for the fourth quarter will be weaker than expected. barclays cutting its stock to 28 bucks. including tech, broad come. so a tough day for tech. >> the dough now experiencing its third straight session. remember, monday down 265. yesterday up 150 and that's where we stand at the moment. >> i don't like what i'm seeing. here is what's the problem. we're in an up market. the stock market trend was to the upside. now we have two days. a monday and a wednesday. 90% of the volume to the downside. two separate days. this is one thin
talking about their outlook on apple, the platform. people's confidence. >> i see no wayning in the enthusiasm to develop for the platform. more than half of the start-ups that are products that are launching here are on the apple platform. >> one in particular said look, it's still the platform to go for. just because the stock is back to you. >> you also have to bear in mind that you have a lot of concern. the dollar is higher and tech stocks generally make 40% of their...
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Apr 21, 2013
04/13
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CNBC
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apple, netflix, at & t. watch for caterpillar, boeing, ford, p & g, and ups. all may set the tones for the markets. monday, millions will go green in sell bracelebration of earth. march's existing home sales released. follows by new home sales report tuesday. thursda thursday, dedication of the george w. bush presidential center at southern methodist. thursday, gdp. gdp, a market mover that measures the country's economic output. that will do it for today. thank you for joining us. next week, a special episode for you with technology leaders changing today's economy. i'm giving them a seat at the table. >> trust is the new currency. >> trust is the new currency of the new economy. >> we'll bring that to you next week. have a great week, everyone. i'll see you next weekend. ♪ is its own reward. but there's nothing wrong with enjoying a little extra reward. ♪ that's why southwest built a better rapid rewards program with unlimited reward seats, no blackout dates, and points that don't expire. rewards that actually reward you. we are southwest. welcome aboard
apple, netflix, at & t. watch for caterpillar, boeing, ford, p & g, and ups. all may set the tones for the markets. monday, millions will go green in sell bracelebration of earth. march's existing home sales released. follows by new home sales report tuesday. thursda thursday, dedication of the george w. bush presidential center at southern methodist. thursday, gdp. gdp, a market mover that measures the country's economic output. that will do it for today. thank you for joining us. next...
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to go wild now think about this apple in two thousand and ten made about twenty billion dollars i had fun with a hot apple had seven hundred thousand employees around the world and contractors and actually made products right that we like. a hedge fund made exactly the same amount with less than one hundred employees how do you do that how do you do that you take you don't make are true takers the people who are siphoning off our wealth . they're stretching the whole income level. the distribution of income united states is being stretched way out of proportion by these guys they make. i estimated the top ten hedge fund guys make forty times as much as the top ten. movie stars. and we and what they do for the economy is virtually zilch as far as i can tell you know. jim cramer the guy from mad money he he actually confessed that he ran a hedge fund for ten years and then ten years later he actually confessed. on a website and he said that everything he did was fiction he used to manipulate his fellow reporters on c n b c by giving them false tips so his hedge fund could make bets base
to go wild now think about this apple in two thousand and ten made about twenty billion dollars i had fun with a hot apple had seven hundred thousand employees around the world and contractors and actually made products right that we like. a hedge fund made exactly the same amount with less than one hundred employees how do you do that how do you do that you take you don't make are true takers the people who are siphoning off our wealth . they're stretching the whole income level. the...
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Apr 24, 2013
04/13
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KRON
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of the decline in apple stock price has been very frustrating to all of us, but apple remains very strong and we will continue to do what we do best. tim could continue to told investors to hold on to their hat. we remain very optimistic about our future. we have some really great stuff coming in the fall and across all of 2014. our teams are hard at work at some amazing new hardware that we cannot wait to introduce. we've got a lot more surprises in to the work. so in september we can expect in a phone, ipad and most likely they will enter a new market. my guess is tv. it showed their version of a television set. that will be huge. but, will talk about that in the fall. cooler temperatures in were from 5 to 10 degrees from what we saw yesterday. it was 85 and fairfield and 82 and pleasanton. for san francisco, we hit 73 degrees this afternoon, but that quickly dropped because of the sea breeze wins. debitors right now are a lot cooler especially near the coast line. 53 in santa rosa. still pretty mild for inland valleys. we are expecting cooler conditions into tomorrow. that is going to
of the decline in apple stock price has been very frustrating to all of us, but apple remains very strong and we will continue to do what we do best. tim could continue to told investors to hold on to their hat. we remain very optimistic about our future. we have some really great stuff coming in the fall and across all of 2014. our teams are hard at work at some amazing new hardware that we cannot wait to introduce. we've got a lot more surprises in to the work. so in september we can expect...
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140
Apr 18, 2013
04/13
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KRCB
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the focus today may shift to financial and tech related shares especially as shares of apple fell in relation to one of the suppliers on its outlook sighting in ipad shipments. we're going to being looking out for component suppliers here in japan that make a lot of parts that go into products such as tablets and smart phones of which apple makes many of those as well. we keep track of that sector as well. >> kicking off later today the g-20 over in washington, d.c. as we've been reporting a lot of focus will be on the recent weakening yen. where do we stand lead of that key meeting? >> a lot of market players will be watching the g-20 meeting and thedollar/yen. that may trade in a ltle bit of rgehead of that meeting and it's still weaker than it was this time yesterday when it was at the mid 97 yen levels. we'll keep track of that. the euro/yen 127.54 to 59. it traded up to upper 129 during wednesday. as you can see now 127.49 to 52. there were concerns that the european central bank may cut interest rates to boost growt in the euro zone. we'll keep track of currency markets. a bit
the focus today may shift to financial and tech related shares especially as shares of apple fell in relation to one of the suppliers on its outlook sighting in ipad shipments. we're going to being looking out for component suppliers here in japan that make a lot of parts that go into products such as tablets and smart phones of which apple makes many of those as well. we keep track of that sector as well. >> kicking off later today the g-20 over in washington, d.c. as we've been...
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393
Apr 18, 2013
04/13
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KRON
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watching apple's stock, apple at the $400 mark and down 758 a share. somomg,g, stop. jack, your new chipotle chicken club is craze amaze. annnd chipotle is totes trending. spspicicy crispy chicken, hicky smoked bacon,on memeltlting cheese, and smoky chipotle sauce plus fries anand d a drink for $4.99? tht combo is chipot-cray. anand d chipotle is my hashtag faveflave. lelet t me guess-you're the nw social media intern.nt yeyeahah! grgreaeat. i'm late for a mee. can you make some copies? .....w.with the tanning bede "the"tre are a some people who say it's the best yogurt they've ever tasted. and there are some people who haven't tasted it yet.t. delicious, nonfat, authenticic delicgreek strained yogurt.cic extraordinary fruit flavors.s. the fage total split cup. the fplain extraordinary." >> welcome back, we're tracking a major hot spot with a monster is back up on interstate 580 in the westbound direction. ec live video from the scene, the two right lanes remain blocked as we await a caltrans sweeper to pick up this. this is left over from a dual big rig accident that
watching apple's stock, apple at the $400 mark and down 758 a share. somomg,g, stop. jack, your new chipotle chicken club is craze amaze. annnd chipotle is totes trending. spspicicy crispy chicken, hicky smoked bacon,on memeltlting cheese, and smoky chipotle sauce plus fries anand d a drink for $4.99? tht combo is chipot-cray. anand d chipotle is my hashtag faveflave. lelet t me guess-you're the nw social media intern.nt yeyeahah! grgreaeat. i'm late for a mee. can you make some copies?...
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109
Apr 17, 2013
04/13
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KGO
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eye 109
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you may able to buy a low cost cell phone from apple. in a business analyst are correct a lot of you will be buying. apple could sell 75 million low cost flowns last year, however, has in the confirmed it plans to do this. and in the meantime a bill banning techting in california has passed the assembly transportation committee and would undo legislation passed last year that allowed hands free texting. saying newest information is that it's just as distracting as regular texting we'll follow this as it works it way through. >> there you go. >> breezy still out there. >> it s we did see temperatures coming up a few degrees because of the lighter winds if you will. here in the bay area, we're not seeing any moisture but we're seeing light showers possibility in this area throughout the next couple hours until sun goes down, frost advisory going up tonight at 11:00 p.m. running until a.m. tomorrow. so you can see showers starting to taper a little bit. i want to show you a view from our tv you can see it's cloudy right now this evening, dr
you may able to buy a low cost cell phone from apple. in a business analyst are correct a lot of you will be buying. apple could sell 75 million low cost flowns last year, however, has in the confirmed it plans to do this. and in the meantime a bill banning techting in california has passed the assembly transportation committee and would undo legislation passed last year that allowed hands free texting. saying newest information is that it's just as distracting as regular texting we'll follow...
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Apr 18, 2013
04/13
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KICU
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people are looking for clarification from apple. they want to know what is the new product going forward, what are you going to do with all this cash? give me something to work with. they're not happy with their management, they're not happy with their products coming forward, and they're not happy with them sitting on all this money. so, as a result, you see the stock getting punished, and i think that people really need some clarification, and the proof is going to be in the pudding when earnings come out next tuesday. - you are a pro trader. would you position ahead of those earnings? - i think that the stock can go lower, but everything is telling me that it should be a buy. you look at it from a valuation basis, from the way the company is run, just everything about it, and you think, "gosh, how can this stock it too much cheaper?" but, that being said, it can. so, i would position myself to really try to take advantage of the volatility, and i think that is the play here. - trying to catch a falling knife sometimes though. tha
people are looking for clarification from apple. they want to know what is the new product going forward, what are you going to do with all this cash? give me something to work with. they're not happy with their management, they're not happy with their products coming forward, and they're not happy with them sitting on all this money. so, as a result, you see the stock getting punished, and i think that people really need some clarification, and the proof is going to be in the pudding when...
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Apr 18, 2013
04/13
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KTVU
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eye 114
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one stock we are keeping an eye on is apple. and i just want to pull up the very latest quote on that. apple stock is down $8.5 a share. about 2%. it's now below 400 $400 a share. $394 is where that is. apple stock down 42% from all time high of $705 last september. one money manager says apple could fall into the 300s in the coming weeks. it is now at $394 right now. we'll keep an eye on apple stock. >>> oakland is proposing a budget for the next two fiscal years that calls for spending. the budget proposal also includes two more police academies. however, the city will still need to eliminate 80 positions. the deadline for a new budget is june 30th. the public will be able to weigh in before that deadline. >> time now 7:45. firefighters are investigating an overnight fire that gutted a house in san leandro. started on deal avenue and dowling boulevard. no one was living there. neighbors made sure people living nearby got away safely. >> everybody called from one house to the next. and couple people knocked on everybody's doors
one stock we are keeping an eye on is apple. and i just want to pull up the very latest quote on that. apple stock is down $8.5 a share. about 2%. it's now below 400 $400 a share. $394 is where that is. apple stock down 42% from all time high of $705 last september. one money manager says apple could fall into the 300s in the coming weeks. it is now at $394 right now. we'll keep an eye on apple stock. >>> oakland is proposing a budget for the next two fiscal years that calls for...
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Apr 24, 2013
04/13
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KNTV
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meanwhile, apple is sent to release new products. cook says he's optimistic, but he was vaguely talking about what to expect. analysts speculate that could mean a smart watch and an itv. >> did you happen to see it? a potentially ground-breaking plane spent the day and the evening flying around the bay area. this plane was in the air for 16 mours, nonstop, all without a single drop of fuel. the aircraft has a wingspan of 747 and the mower of a small electric scootish. >> today's practice run is the first ever. >> well, you've heard the expression let the bedbugs bite. nbc abaa area has the story of the only on nbc bay area. >> they were out drinking coffee on a friday night. >> i was picking up my coffee. it's horrifying. you don't know it and you take it home. she did take it home, two, in fact. these two alerlted nbc bay area to bedbugs. they say shocked him even more with his response. and that just -- that horrifies me. >> so she says she went to the county official to talk about the bedbugs and was surprised, again, to know noth
meanwhile, apple is sent to release new products. cook says he's optimistic, but he was vaguely talking about what to expect. analysts speculate that could mean a smart watch and an itv. >> did you happen to see it? a potentially ground-breaking plane spent the day and the evening flying around the bay area. this plane was in the air for 16 mours, nonstop, all without a single drop of fuel. the aircraft has a wingspan of 747 and the mower of a small electric scootish. >> today's...
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129
Apr 22, 2013
04/13
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KICU
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eye 129
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i don't see apple breaching this. you have got to take into consideration that they still have that $137 billion in cash. they are going to pick up probably another $13 billion this year, up to $150. if they do anything with their cash at any point in time - buying netflix, stock purchase plan, or a huge dividend, the stock cost $50 in a heartbeat. but, if you look at the daily chart, i talked about it in my trading room, $419, it looked like it wasn't going to go lower - it broke it in a heartbeat. then it broke $400. on friday, the futures were up 5.5 points, apple was down $5.50 on the opening. every $1.10 apple moves is $1 billion in market cap. - traditionally apple rallies ahead of earnings. earnings are coming up on tuesday. what do you think? will we get a rally here? - i don't think we will get a rally. i like to look at the at-the-money straddles that are implying a $30 move in apple. that takes it down to that $370 level, or up to $430. i think they need to say something about the cash. show me a stock purc
i don't see apple breaching this. you have got to take into consideration that they still have that $137 billion in cash. they are going to pick up probably another $13 billion this year, up to $150. if they do anything with their cash at any point in time - buying netflix, stock purchase plan, or a huge dividend, the stock cost $50 in a heartbeat. but, if you look at the daily chart, i talked about it in my trading room, $419, it looked like it wasn't going to go lower - it broke it in a...
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90
Apr 16, 2013
04/13
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WUSA
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it's free at the apple store. >>> d.c. remains on high alert following yesterday's terror bombings at the boston marathon but this city went ahead with today's emancipation day parade as planned. >> reporter: this is bruise bruce johnson in downtown washington. city on high alert, no incidents. it's a city holiday, time for family, food and a parade. one day after the boston marathon attack, d.c. residents and visitors turned out to commemorate emancipation day 1863. that's when president lincoln abolished slavery in d.c. talk of boston, thoughts of the explosion victims and a possible attack here were everywhere today. >> i know security is very good in washington, d.c., and the parade must go on and the celebration cannot stop. >> this is a city that is resilient. we are ready. it's very unfortunate, a tragic situation that happened in boston yesterday. >> reporter: the emancipation day activities continue through tonight, 8:45 this evening a fireworks display. this is bruce johnson reporting from downtown washington for
it's free at the apple store. >>> d.c. remains on high alert following yesterday's terror bombings at the boston marathon but this city went ahead with today's emancipation day parade as planned. >> reporter: this is bruise bruce johnson in downtown washington. city on high alert, no incidents. it's a city holiday, time for family, food and a parade. one day after the boston marathon attack, d.c. residents and visitors turned out to commemorate emancipation day 1863. that's when...
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Apr 16, 2013
04/13
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WJLA
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facebook is in talks with apple over its droid-friendly software called home. the question is will be apple users able to use it? and chick-fil-a is getting healthy. more on that in the next hour. linda bell reporting. back to you. >> thank you. 4:39.65 degrees, >> big developments when it comes to immigration reform. we will have more on an agreement reached on the biggest ov >> tuesday morning, a mild start. >> not bad, jacqui jeras. will this a repeat of yesterday? >> there will be similarities. we will be a little drier today and with more sunshine. and a touch warmer. the morning is starting out much the same, 57 degrees. we might see patchy fog and mist in outlying areas. i think we will be fine in the district. looking at the satellite picture, low-level clouds. you can see areas at the eastern shore where it is trying to break apart. we will have a little bit more sunshine today, allowing us to warm up past 70 degrees. mostly cloudy and 60 degrees at 9:00, 68 by noon, and partly sunny and 72 degrees by 5:00. some unsettled weather later this week. but t
facebook is in talks with apple over its droid-friendly software called home. the question is will be apple users able to use it? and chick-fil-a is getting healthy. more on that in the next hour. linda bell reporting. back to you. >> thank you. 4:39.65 degrees, >> big developments when it comes to immigration reform. we will have more on an agreement reached on the biggest ov >> tuesday morning, a mild start. >> not bad, jacqui jeras. will this a repeat of yesterday?...
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Apr 24, 2013
04/13
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FBC
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eye 69
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you've been following apple for a long time. there is a lot to sink our teeth into here with apple. what do uuthink about this? because adam shapiro was painting a pretty rosy picture. i think the stock is jumping a lot on increase in the dividend, 15% we're looking at increase in the share buyback program, blowing it out to $100 billion. that was an incree of 50 billion. i don't, there is bad news in there too, right? >> sure. there was some bad news in that they are significantly lowering revenue and earnings guidance for the next quarter from what wall street had been expecting. melissa: right. >> that shouldn't please anybody. i think all of the increase is attributable to the increase in the cash they plan to return to shareholders. melissa: yeah. >> there is wonky point that adam didn't mention which is they mentioned in their earnings release they are going to take on debt although they haven't said yet how much and exactly how they're going to do that. this is very significant for apple watchers because steve jobs hated debt. and the fact that they're going to do this tells
you've been following apple for a long time. there is a lot to sink our teeth into here with apple. what do uuthink about this? because adam shapiro was painting a pretty rosy picture. i think the stock is jumping a lot on increase in the dividend, 15% we're looking at increase in the share buyback program, blowing it out to $100 billion. that was an incree of 50 billion. i don't, there is bad news in there too, right? >> sure. there was some bad news in that they are significantly...
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Apr 24, 2013
04/13
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KOFY
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>> apple's decision to share cash comes in an interesting time today apple confirmed earnings dropped 18%. apple seems to be shoring up it's competence at the same time as consumers seemed to be lured away by competitors. one quarter doesn't make or break a company. but a drop does expect that margins have dropped. ceo tim cook told reporters he's frustrated but apple remains strong. apple has loyal consumers. >> when you think of a tech company what company comes to mind? >> apple. >> however, some perceptions of apple may be changing google has been very open about its foray into self driving cars and google glasses. >> this seems to dip into everything. google has kind of hit everything. >> i think google is getting justify bli a lot of credit. >> van baker tracks both companies but recognizes that google is prone to drop ideas as fast as it creates them. >> you don't know what projects goring to survive and they tend to pull the trigger on products and some projects that are quickly. >> he didn't say anything about this year. >> owning i do believe they're losing this because ther
>> apple's decision to share cash comes in an interesting time today apple confirmed earnings dropped 18%. apple seems to be shoring up it's competence at the same time as consumers seemed to be lured away by competitors. one quarter doesn't make or break a company. but a drop does expect that margins have dropped. ceo tim cook told reporters he's frustrated but apple remains strong. apple has loyal consumers. >> when you think of a tech company what company comes to mind? >>...
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68
Apr 18, 2013
04/13
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FBC
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eye 68
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let's talk apple first. what do you think about the dive in apple? >> you know i'm not surprised to see it because the problem with apple it has been way too quiet recently. we need to see innovation and need to see products in the market. htc and samsung releasing their major flagships now. samsung came out yesterday. seven major carriers in the united states. that is huge. galaxy s4 will sell like gangbusters. galaxy line has always been great. what will happen he will do? will it make an incremental upgrade with the apple iphone 5 s or the ipad? we need a big change. itv or i watch, we want to see something big. melissa: we talked about apple missing earnings because they were always the king of sandbagging, managing expectations. >> we saw it last quarter. melissa: so is that a real sign of the decline in the company, that they can't even stick to that strategy? >> yeah i do think so but tim cook did say i would be more in line and give more accurate estimate in the future so that doesn't happen as often as it does or at least last quarter. so i
let's talk apple first. what do you think about the dive in apple? >> you know i'm not surprised to see it because the problem with apple it has been way too quiet recently. we need to see innovation and need to see products in the market. htc and samsung releasing their major flagships now. samsung came out yesterday. seven major carriers in the united states. that is huge. galaxy s4 will sell like gangbusters. galaxy line has always been great. what will happen he will do? will it make...